Breakdown | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
---|---|---|---|---|---|
Income Statement | |||||
Total Revenue | 5.45M | 7.47M | 4.83M | 3.67M | 3.50M |
Gross Profit | 1.57M | 1.07M | 454.29K | 663.58K | 914.10K |
EBITDA | -620.11K | -1.77M | -2.66M | -372.57K | -1.16M |
Net Income | -684.13K | -1.81M | -2.75M | -448.86K | -1.37M |
Balance Sheet | |||||
Total Assets | 995.54K | 1.80M | 3.70M | 3.06M | 581.28K |
Cash, Cash Equivalents and Short-Term Investments | 9.70K | 702.99K | 650.06K | 2.17M | 1.88K |
Total Debt | 227.62K | 137.50K | 1.56M | 0.00 | 911.81K |
Total Liabilities | 3.78M | 4.11M | 5.14M | 2.15M | 6.33M |
Stockholders Equity | -2.79M | -2.30M | -1.44M | 904.30K | -5.75M |
Cash Flow | |||||
Free Cash Flow | -1.85M | -384.77K | -2.17M | -3.81M | -379.82K |
Operating Cash Flow | -1.83M | -374.01K | -1.48M | -3.64M | -379.82K |
Investing Cash Flow | -20.49K | 83.10K | -688.73K | -178.07K | 0.00 |
Financing Cash Flow | 845.00K | -127.50K | 653.75K | 5.98M | 336.07K |
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
---|---|---|---|---|---|---|---|
52 Neutral | C$2.96B | -1.55 | -3.48% | 6.54% | 3.13% | -49.39% | |
51 Neutral | C$4.01M | ― | -46.19% | ― | -30.18% | -34.62% | |
47 Neutral | C$6.29M | ― | 59.36% | ― | -49.56% | -35.00% | |
46 Neutral | C$4.41M | ― | 58.70% | ― | -43.44% | -1075.00% | |
― | C$1.80M | ― | -54.87% | ― | ― | ― | |
41 Neutral | C$4.96M | ― | -1239.25% | ― | -7.76% | -2.15% | |
― | C$4.68M | ― | -825.66% | ― | ― | ― |
Solar Alliance Energy Inc. reported its Q1 2025 earnings, highlighting a decline in revenue due to severe weather delays in a major project in Kentucky. Despite this setback, the company remains optimistic about future growth, focusing on larger commercial and community solar projects in the Southeast U.S. The company is also exploring corporate growth opportunities through partnerships and joint ventures, aiming for full-year profitability in 2025.
Solar Alliance Energy Inc. has appointed Mr. Jawad Chugtai as the new Chief Financial Officer, following the resignation of Ms. Christina Wu. Mr. Chugtai, who has over a decade of experience in finance and risk management, previously supported the company during its financial statement audit for 2024. This appointment comes as the company works to resume trading of its common shares on the TSX Venture Exchange after a temporary cease trade order was lifted.
Solar Alliance Energy Inc. has announced the revocation of a cease trade order by the British Columbia Securities Commission following the filing of its audited annual financial statements for 2024. The company is now working with the TSX Venture Exchange to resume trading of its common shares, marking a significant step in stabilizing its operations and enhancing its market presence.
Solar Alliance Energy Inc. has filed its audited financial results for 2024, showing a decrease in revenue but an improvement in gross profits and a significant reduction in losses as the company approaches breakeven. The company is focusing on larger commercial solar projects to support future growth, leveraging its expertise and streamlined operations to capitalize on the increasing demand for renewable energy. Recent policy developments and community solar interest are creating more opportunities in their target market, while the company continues to benefit from repeat customers and new opportunities.
Solar Alliance Energy Inc. announced a delay in filing its audited annual financial statements and related documents for the year ended December 31, 2024, missing the April 30, 2025 deadline. This delay may result in the company’s shares being halted on the TSX Venture Exchange and a cease trade order issued by Canadian Securities Administrators. The company is working with its auditor to complete the filings by May 15, 2025, and assures that no other material information is undisclosed.